Richard G. Kyle - 22 Nov 2022 Form 4 Insider Report for TIMKEN CO (TKR)

Role
President and CEO, Director
Signature
/s/ Richard G. Kyle
Issuer symbol
TKR
Transactions as of
22 Nov 2022
Net transactions value
-$581,700
Form type
4
Filing time
23 Nov 2022, 16:25:55 UTC
Previous filing
15 Nov 2022
Next filing
13 Dec 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TKR Common Stock Options Exercise $907,000 +20,000 +5.9% $45.35 359,843 22 Nov 2022 Direct
transaction TKR Common Stock Tax liability $249,441 -3,350 -0.93% $74.46 356,493 22 Nov 2022 Direct
transaction TKR Common Stock Sale $1,239,260 -16,650 -4.7% $74.43 339,843 22 Nov 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TKR Employee Stock Option (right to buy) Options Exercise $0 -20,000 -50% $0.000000 20,000 22 Nov 2022 Common Stock 20,000 $45.35 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $74.31 to $74.57. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F2 20,000 stock options from 2/13/2017 grant of 117,750 stock options (previously reported) that vested in 25% increments per year from the date of grant.